Production Flashcards
Batch production
A method that involves completing one operation at a time on all units before performing the next test.
Capital intensive
Production methods that make more use of machines relative to labour.
Capital productivity
The amount of output each unit of capital produces
Cell production
Involves producing a family of products in a small self contained unit within a factory.
Division of labour
Specialised only specific tasks or skills by an individual.
Downsizing
The process of reducing capacity, usually by laying off staff.
Efficiency
Producing a level of output where production costs are minimised
Flow production
Large- scale production of a standard product, where each operation of a unit is performed continuously one after the other, usually on a production line.
Job production
A method of production that involves employing all factors to complete one unit of output at a time.
Kaizen
A Japanese term which mean continuous work.
Labour intensive
Production methods that make more use of labour relative to machinery
Labour productivity
The amount of output each unit of labour produces
Lean production
An approach to operations that focuses on the reduction of resource used
Outsourcing
Giving work to sub-contractors to help reduce costs
Production
The transformation of resources into goods or services
